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268 Economic Survey 2021-22

index reflects broad-based recovery across all sectors (Table 2). Primary goods at 3.5 percent,
infrastructure goods with 3.8 percent, consumer non-durables with 0.8 and intermediate goods
at 2.5 percent led the recovery under the used based classification.

Figure 3: Value of Index of Industrial Production

160.00
140.00
120.00
Value of Index 100.00
80.00
60.00
40.00
20.00
0.00
Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21

Actual Seasonally Adjusted

Source: Survey calculations based on MOSPI data

Table 2: Sector wise IIP - Growth in percent

Nov- Dec- Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov-
Weight 20 20 21 21 21 21 21 21 21 21 21 21 21
By Sector
Mining 14.4 -5.4 -3 -2.4 -4.4 6.1 # 23.6 23.1 19.5 23.3 8.6 11.5 5

Manufacturing 77.6 -1.6 2.7 -0.9 -3.4 28.4 # 32.1 13.2 10.5 11.1 3 3.1 0.9
Electricity 8 3.5 5.1 5.5 0.1 22.5 # 7.5 8.3 11.1 16 0.9 3.1 2.1
General 100 -1.6 2.2 -0.6 -3.2 24.2 # 27.6 13.8 11.5 13 3.3 4 1.4

Primary goods 34 -1.8 0.4 0.7 -4.6 7.9 # 15.8 12 12.4 16.9 4.6 9 3.5
Capital goods 8.2 -7.5 2.2 -9 -4.2 50.4 # 74.9 27.3 30.3 20 2.4 -1.5 -3.7
Intermediate 17.2 -1.8 2.3 2 -5.3 22.4 # 54.2 22.6 14.6 11.8 5 3.8 2.5
goods
Infrastructure/ 12.3 2.1 3.1 2.3 -3.5 35.1 # 46.5 20 12.3 13.5 7.8 6.6 3.8
construction
Consumer 12.8 -3.2 6.5 -0.1 6.6 59.9 # 80.4 28 19.4 11.1 -1.9 -3.6 -5.6
durables
Consumer 15.3 -0.7 1.9 -5.4 -3.8 29.2 # 0.2 -3.9 -2.3 5.9 0.2 0.9 0.8
non-durables
Red- Negative growth, Yellow- Growth rate positive but less than 5 per cent, Green- Positive and more than 5 per cent
Source: Survey calculations based on MOSPI data. # In view of the circumstances mentioned in the Press Release
for IIP dated 11th June 2021, the indices for April 2021 are not comparable with those of April 2020 - MOSPI